Global stock clamshell packaging market is expected to grow at a compound annual growth rate of XX% over the period 2019 to 2024 to reach a market size of US$XX billion by 2024 from US$XX billion in 2018. Simultaneously, the estimated volume of stock clamshell packaging is expected to increase from XX metric tonnes in 2018 to XX metric tonnes in 2024. Stock clamshell packaging is used to protect electronic products and other consumer items and also prevents the product from damaging while transportation. Increasing demand from the pharmaceutical industry for protective packaging is expected to drive the market for stock clamshell packaging.
Rising demand for packed foods.
Increasing demand from Pharmaceutical industry.
Government rules and regulations regarding use of plastic.
The major players profiled in the stock clamshell packaging market include VisiPak, Universal Plastics Corporation, Hangzhou Xunda Packaging Co. Ltd., Impact Mfg, DelConte Packaging Inc., WestRock Company, Sonoco Products Company, Klockner Pentaplast, HIP LIK, Quality Packaging Canada Inc., Bemis Company, Inc.
The stock clamshell packaging market has been analyzed through the following segments:
Middle East and Africa